Alphabet Inc.

Intel Corporation

UnitedHealth Group Incorporated

Berkshire Hathaway Inc.

US and Russian Presidents Donald Trump and Vladimir Putin held talks on Ukraine in Alaska on Friday. On his way to Anchorage, Trump told reporters that duties on chip imports could reach 300%. Earlier in the week, USA stock markets rose to new records amid expectations of a Fed rate cut. Perplexity unexpectedly offered to buy Google's Chrome browser, and the US administration is exploring buying a stake in Intel. Sam Altman is preparing to launch a startup that will become a competitor of Elon Musk's Neuralink - the rivalry between them is intensifying. The main events of August 11-15 are in our review.

Highlights of the week: US-Russia summit, White House and Intel stake, buyer for Chrome

Apple Inc.

Tesla, Inc.

Musk, who owns ChatGPT's rival chatbot Grok, threatened Apple with "legal action"

Musk accused Apple of unfairly promoting ChatGPT on the iPhone

Sam Altman called the development an important step toward general artificial intelligence (AGI)

"A team of experts with doctoral degrees": OpenAI showed a new AI model of GPT-5

The AI revolution is rapidly changing many sectors of the economy, including the very internet in which it originated and without which it would probably not have been possible. Recently, articles have become popular about how the internet, at least as we've known it, is <a href="https://qz.com/internet-future-google-search-ai">"dying"</a> or even already "<a href="https://www.vice.com/en/article/the-internet-is-dead-and-you-killed-it/">dead"</a>. Strong statements are good for headlines, but I'd rather say that the internet is reinventing itself under the influence of AI, and this process holds both dangers and opportunities.

How invisible robot wars are changing the internet


NVIDIA Corporation

Nvidia has placed an order for 300k H20 chips from TSMC amid renewed US approvals for shipments to China. Meanwhile, in China, startup Z.ai has released an open-source AI model, GLM-4.5, capable of running on just eight H20 chips - yet claiming to be a leader in efficiency, competing with DeepSeek and OpenAI. In the autonomous transportation market, Waymo, an Alphabet company, has announced it will launch a robotaxi in Dallas in 2026 in partnership with Avis. On these and other topics - in our review of key events for the morning of July 29.

Highlights for this morning: Nvidia ramps up chip production for China and a new DeepSeek competitor

Google's search engine revenue was strong last quarter despite concerns that users were being poached by ChatGPT

Alphabet's revenues beat forecasts, but investors were alarmed by a sharp rise in AI costs

SailPoint, Inc.

Qualys, Inc.

SentinelOne, Inc.

While AI has become a powerful tool for attackers, it dramatically strengthens cyber defenses as well

The head of OpenAI has warned bankers of a wave of AI fraud. How to play it?

Two weeks ago, Anthropic's research on the ability of AI models to engage in blackmail and corporate espionage stirred up the tech community - almost all of the models tested were willing to violate ethical principles for the sake of self-preservation. But how serious are these threats in the real world? Oninvest analyst Konstantin Gnenny talked to machine learning experts, including those from Silicon Valley, to understand whether AI models should be feared;

Agency bias and blackmail: should we be afraid of AI models

Google's share of the search market still remains at 90%

Citi believes ChatGPT won't replace Google's search engine just yet. Is it worth buying the stock?

Meta Platforms, Inc.

The company's increased spending on talent threatens to turn into lower margins, which will affect investor sentiment, Rosenblatt warns


Zuckerberg poached Apple's key AI expert. What are the risks for Meta investors?

The bank said the company's investment in artificial intelligence could slow profit growth

BNP Paribas downgraded Alphabet's stock due to weak AI monetization

Switching to ChatGPT or Claude would be an admission that Apple is failing to keep up with the competition in generative AI, Bloomberg writes

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